Abu dhabi: Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), welcomed Dr. Olli Rehn, Governor of the Bank of Finland (BoF), along with his delegation to the CBUAE headquarters in Abu Dhabi. The meeting was attended by Assistant Governors and senior officials.
According to Emirates News Agency, the visit highlights the commitment of both central banks to areas such as financial stability, regulatory frameworks, green finance, and FinTech development. The discussions were aimed at enhancing cooperation and sharing expertise on supervisory practices. Both parties explored opportunities to advance digital transformation and improve cross-border payment systems.
Khaled Mohamed Balama emphasized that the visit reaffirms the shared commitment to strengthening international cooperation and exchanging expertise to promote financial stability and innovation. He mentioned the goal of establishing robust regulatory and supervisory frameworks, accelerating digital transformation, and enhancing cross-border payment systems to support sustainable economic growth and resilience for both nations.
Dr. Olli Rehn highlighted the value of dialogue with the CBUAE as an opportunity to exchange insights and best practices in areas of mutual interest. He pointed out that both central banks aim to build secure and future-proof financial systems that support sustainable growth and global stability. Their discussions encompassed financial stability, regulation, green finance, FinTech, and good central bank governance.